Of all the laws of science, the laws of thermodynamics, pa â¦ rticularly the first two, are the most important. These laws can be applied to the most enormous objects in the universe or to tiny invisible particles.
Associate Partner. In most instances, an associate partner will be different from a general partner. An associate partner may be an equity or a non-equity partner and may take part in the management of the company, or he may not, depending on how you structure the partnership.
DEFINITION of 'Associate Company'. A corporation whose parent company possesses only a minority stake in the ownership of the corporation.An associate company is partly owned by another company or group of companies. The parent company or companies do not consolidate the associate company's financial statements.n associate company is partly owned by another company or group of companies. The parent company or companies do not consolidate the associate company's financial statements.